SmarterDividends
FHI

Federated Hermes, Inc.

FHI

Financial Services · Asset Management · Stock · quarterly payer

$55.93

Undervalued · +23% Add to Portfolio

Forward Yield

2.57%

Annual Dividend

$1.44

Payout Ratio

26%

5-Yr Growth

4.3%

Ex-Date

Aug 7, 2026

Frequency

Quarterly

Key facts about FHI's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Federated Hermes, Inc. (FHI) has a forward dividend yield of 2.57%, based on an annual dividend of $1.44 per share and a share price of $55.93.
  • As of Oct 18, 2026, FHI's dividend safety grade from SmarterDividends is A (97 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, Federated Hermes, Inc. (FHI) has raised its dividend for 3 consecutive years as of Oct 18, 2026.
  • FHI has never cut its regular dividend in the payment history SmarterDividends has on record.
  • FHI's most recent ex-dividend date was Aug 7, 2026, for a dividend of $0.38 per share.
  • As of Oct 18, 2026, FHI pays out 26% of its trailing 12-month earnings as dividends (its payout ratio).
  • FHI's dividend has grown at an average rate of 4.3% a year over the past five years.
  • As of Oct 18, 2026, FHI's 2.57% yield is 31% below its five-year average yield of 3.74%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for FHI is $68.56 per share, 23% above the $55.93 share price, so FHI screens as undervalued.
  • Federated Hermes, Inc. (FHI) pays its dividend quarterly, 4 times a year.
  • Federated Hermes, Inc. (FHI) has raised its regular dividend 21 times and cut it 1 time across the 115 payments on record since 1998. Its most recent change was a 11.8% increase to $0.380 per share, going ex-dividend on May 8, 2026. The last cut went ex-dividend on Jul 29, 1999.
Cite this page

SmarterDividends, "FHI Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/FHI

Summary

As of Oct 18, 2026, Federated Hermes, Inc. (FHI) yields 2.57% ($1.44 a year per share), has a dividend safety grade of A (97/100) and has 3 consecutive years of dividend increases on record.

Is FHI a good dividend stock?

Yes

Federated Hermes, Inc. (FHI) pays a quarterly dividend yielding 2.57% ($1.44/yr), with 3 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record
  • Comfortable payout ratio (26%)
  • 66% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
2.57%
Payout Ratio
26%
Annual Dividend
$1.44
5-Yr Avg Growth
4.3%
Ex-Dividend Date
Aug 7, 2026
Years of Growth
3
Frequency
quarterly
Beta
0.64
Market Cap
$4.2B
P/E Ratio
10.4
5-Yr Total Return
66%
52-Week Range
$46.66 – $67.20
Dividend Safety
A · 97/100
Ever Cut?
No

FHI dividend raises and cuts

Federated Hermes, Inc. (FHI) has raised its regular dividend 21 times and cut it 1 time across the 115 payments on record since 1998. Its most recent change was a 11.8% increase to $0.380 per share, going ex-dividend on May 8, 2026. The last cut went ex-dividend on Jul 29, 1999.

Ex-dateChangeOld → newMove
May 8, 2026Raise$0.340 → $0.380+11.8%
May 8, 2025Raise$0.310 → $0.340+9.7%
Aug 8, 2024Raise$0.280 → $0.310+10.7%
May 5, 2023Raise$0.270 → $0.280+3.7%
May 7, 2018Raise$0.250 → $0.270+8.0%
Aug 6, 2013Raise$0.240 → $0.250+4.2%
May 6, 2008Raise$0.210 → $0.240+14.3%
May 4, 2007Raise$0.180 → $0.210+16.7%
May 4, 2006Raise$0.150 → $0.180+20.0%
May 5, 2005Raise$0.125 → $0.150+20.0%
Nov 4, 2004Raise$0.102 → $0.125+22.5%
May 5, 2004Raise$0.0850 → $0.102+20.0%
Show all 22 changes since 1999
Ex-dateChangeOld → newMove
Aug 5, 2003Raise$0.0700 → $0.0850+21.4%
May 5, 2003Raise$0.0570 → $0.0700+22.8%
May 3, 2002Raise$0.0460 → $0.0570+23.9%
May 3, 2001Raise$0.0370 → $0.0460+24.3%
Aug 2, 2000Raise$0.0367 → $0.0370+0.9%
May 4, 2000Raise$0.0280 → $0.0367+31.0%
Oct 28, 1999Raise$0.0267 → $0.0280+5.0%
Jul 29, 1999Cut$0.0287 → $0.0267−7.0%
Apr 29, 1999Raise$0.0267 → $0.0287+7.5%
Apr 28, 1999Raise$0.0253 → $0.0267+5.3%
Every FHI payment →Download every raise and cut (CSV)
FHI ex-dividend date & scheduleNext ex-date Aug 7, 2026 · full ex-dividend historyView →FHI dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is FHI a good dividend stock?

Yes. Federated Hermes, Inc. (FHI) pays a quarterly dividend yielding 2.57% ($1.44/yr), with 3 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is FHI undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, FHI's fair value is about $68.56 versus a $55.93 share price — so it looks undervalued (+23% vs. fair value).

Is FHI's dividend safe?

FHI has a dividend-safety grade of A (97/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is FHI's fair value?

Our blended fair-value estimate for FHI is about $68.56 per share, roughly 23% above the current $55.93 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is FHI a buy, hold, or sell?

We don't issue formal ratings, but on the data FHI screens as "yes" and undervalued. Federated Hermes, Inc. (FHI) pays a quarterly dividend yielding 2.57% ($1.44/yr), with 3 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will FHI cut its dividend?

FHI earns a dividend-safety grade of A (97/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does FHI pay a dividend?

Yes. Federated Hermes, Inc. pays a quarterly dividend of about $1.44 per share annually, a forward yield of roughly 2.57%.

What is FHI's dividend yield?

As of Oct 18, 2026, FHI's forward dividend yield is 2.57%, based on a $1.44 annual dividend and a $55.93 share price.

What is FHI's dividend per share?

As of Oct 18, 2026, FHI pays $1.44 per share per year, distributed on a quarterly basis.

What is FHI's dividend payout ratio?

As of Oct 18, 2026, FHI's payout ratio is 26% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has FHI grown its dividend?

As of Oct 18, 2026, FHI has increased its dividend for 3 consecutive years.

When is the next FHI ex-dividend date?

As of Oct 18, 2026, FHI's next ex-dividend date hasn't been announced. The most recent was Aug 7, 2026, for $0.38 per share.

Income Calculator

At $1.44 / yr per share

Per payment (quarterly)$36.00
Annual$144.00
Monthly avg$12.00

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